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This paper develops a simple accounting framework that measures the effect of resource misallocation on aggregate productivity. This framework is based on a multi-sector general equilibrium model with sector-specific frictions in the form of taxes on sectoral factor inputs. Our framework is...
Persistent link: https://www.econbiz.de/10015215137
skilled labor and using US state-level data apart from cross-country data for estimating the world technology frontier …
Persistent link: https://www.econbiz.de/10015219611
(WTF) is constructed with Data Envelopment Analysis, and (iii) a "hybrid" approach that combines the two. Measures of TFP …
Persistent link: https://www.econbiz.de/10015232894
satellite images derived from the Visible Infrared Imaging Radiometry Suite, VIIRS, to nationwide, panel data on population and … quality and frequency of those data sources and the VIIRS lights images and confirm that nighttime light responds to changes …
Persistent link: https://www.econbiz.de/10015263457
This paper develops a simple accounting framework that measures the effect of resource misallocation on aggregate productivity. This framework is based on a multi-sector general equilibrium model with sector-specific frictions in the form of taxes on sectoral factor inputs. Our framework is...
Persistent link: https://www.econbiz.de/10015268832
We re-estimate the World Technology Frontier (WTF) non-parametrically, using the Data Envelopment Analysis method, with … a dataset covering both OECD country-level and US state-level data on GDP per worker and the stocks of physical capital … of US state-level data adds extra precision to cross-country growth and levels accounting exercises. We also calculate …
Persistent link: https://www.econbiz.de/10015269322
In this paper we show how the nature of economies of scale can be assessed using a set of procedures based on non-parametric frontier analysis. Through these procedures it is possible to characterise qualitatively the nature of returns to scale for each observation, yielding important...
Persistent link: https://www.econbiz.de/10015245554
satellite images derived from the Visible Infrared Imaging Radiometry Suite, VIIRS, to nationwide, panel data on population and … quality and frequency of those data sources and the VIIRS lights images and confirm that nighttime light responds to changes …
Persistent link: https://www.econbiz.de/10015255780
of data and alternative assumptions on parameters value. …
Persistent link: https://www.econbiz.de/10015215418
In order to obtain plausible scenarios of economic development in Romania up to the 2015 horizon, we used a mix of forecasting models, from ones classified as “medium-term” to those covering longer forecasting periods. Based on the analysis of the economic transition period we mainly used...
Persistent link: https://www.econbiz.de/10015215771